LSAK, currently boasting a low $366 million market cap, presents an intriguing investment opportunity, particularly with institutional backing from powerhouses like Morgan Stanley and Goldman Sachs, each holding over 6% of its market share. While its primary client base is in South Africa, the company's business model suggests a strong potential for continued global expansion. Lesaka Technologies has demonstrated steady annual growth since 2020, with a noticeable improvement in net income over the same period. Currently trading at a low point, LSAK is technically at a bottom, with an accumulation range between $3 and $5. As a 5 to 10-year investment, this stock is conservatively projected to reach a valuation of $14-$15 per share, with the potential for significantly higher valuations with strategic partnerships, making it an attractive option for long-term growth-oriented investors.
Not financial advice, always do your due diligence
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Not financial advice, always do your due diligence
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback!
- RoninAITrader
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.